R.R. Donnelley Completes Purchase of Consolidated Graphics
Donnelley adds Consolidated.
R.R. Donnelley announced today it has completed its acquisition of Consolidated Graphics, which provides digital and commercial printing, fulfillment services, and print management solutions. The purchase price was estimated at $620 million plus the assumption of Consolidated Graphics' net debt, according to a statement.
At the time of the original agreement, Consolidated Graphics Chairman and CEO Joe R. Davis said the wide range of the two companies' services and geographic reach would benefit customers of both companies.
“This strategic combination will…further enhance our ability to provide integrated communications solutions for clients across all industry verticals,” Thomas J. Quinlan III, R.R. Donnelley's president and CEO, said in a statement.